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Households headed by someone 25 or younger is back to pre-recession levels.
Households headed by someone 25 or younger is back to pre-recession levels.
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Income Bounces Back For Under 25 Set in SD

Households headed by someone under 25 have seen income return to pre-recession levels after dropping off significantly, especially in 2011.

Newly available federal data shows that, in 2013 dollars, these young households took in $31,000 per year in 2008. That income level dropped to less than $26,000 in 2009 and then to $22,000 in 2011. Those incomes came back to more than $27,000 in 2012 and more than $32,000 in 2013, the most recent year for which data is available.

The upward trend has not extended to older households, with those headed by someone age 25-44 ticking down slightly since the recession, to a bit more than $52,000 in 2013, and those headed by someone age 45- 64 stagnant, at about $60,000 annually.

See more information about household incomes on the South Dakota Dashboard.

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